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BDI
MS

Merchants State Bank

Freeman, South DakotaFDIC Cert #1125

STATEEstablished 18994 branches

Holding company: H&W HOLDING CORegulator: FED

FDICCERT + OFFDOM

Balance sheet & income statement

Financials

Reported balance-sheet positions and year-to-date earnings from the latest FDIC Call Report.

As of Q1 2026

Balance sheet trend

Assets & deposits

Time range
Reporting mode
Assets and deposits by reporting quarter
QuarterAssetsDeposits
Q2 2021$215M$181M
Q3 2021$217M$182M
Q4 2021$222M$191M
Q1 2022$215M$188M
Q2 2022$224M$199M
Q3 2022$215M$192M
Q4 2022$221M$195M
Q1 2023$210M$183M
Q2 2023$216M$178M
Q3 2023$209M$173M
Q4 2023$218M$178M
Q1 2024$217M$174M
Q2 2024$218M$177M
Q3 2024$212M$173M
Q4 2024$209M$172M
Q1 2025$217M$173M
Q2 2025$215M$174M
Q3 2025$213M$170M
Q4 2025$222M$181M
Q1 2026$218M$176M

Balance sheet

Core assets, funding, and capital reported at quarter end.

Assets
$218M
+0.3%y/y
Percentile by value65th percentileby value
Peer standing in FFIEC UBPR Peer Group 6 — Insured commercial banks having assets between $100 million and $300 million
FDICASSET
Deposits
$176M
+1.9%y/y
Percentile by value59th percentileby value
Peer standing in FFIEC UBPR Peer Group 6 — Insured commercial banks having assets between $100 million and $300 million
FDICDEP
Gross loans
$148M
+5.8%y/y
Percentile by value70th percentileby value
Peer standing in FFIEC UBPR Peer Group 6 — Insured commercial banks having assets between $100 million and $300 million
FDICLNLSGR
Net loans
$147M
+5.9%y/y
Percentile by value71st percentileby value
Peer standing in FFIEC UBPR Peer Group 6 — Insured commercial banks having assets between $100 million and $300 million
FDICLNLSNET
Securities
$47.9M
−8.7%y/y
Percentile by value64th percentileby value
Peer standing in FFIEC UBPR Peer Group 6 — Insured commercial banks having assets between $100 million and $300 million
FDICSC
Cash
$10.3M
−6.0%y/y
Percentile by value38th percentileby value
Peer standing in FFIEC UBPR Peer Group 6 — Insured commercial banks having assets between $100 million and $300 million
FDICCHBAL
Liabilities
$184M
−2.0%y/y
Percentile by value60th percentileby value
Peer standing in FFIEC UBPR Peer Group 6 — Insured commercial banks having assets between $100 million and $300 million
FDICLIAB
Equity
$33.7M
+15.0%y/y
Peer standing92nd percentile
Peer standing in FFIEC UBPR Peer Group 6 — Insured commercial banks having assets between $100 million and $300 million
FDICEQ

Income statement

Year-to-date reported earnings and core revenue components.

Revenue
$2.34M
+6.4%y/y
Peer standing68th percentile
Peer standing in FFIEC UBPR Peer Group 6 — Insured commercial banks having assets between $100 million and $300 million
FDICNIM + NONII
NII
$2.26M
+7.0%y/y
Peer standing76th percentile
Peer standing in FFIEC UBPR Peer Group 6 — Insured commercial banks having assets between $100 million and $300 million
FDICNIM
Noninterest income
$85K
−7.6%y/y
Peer standing25th percentile
Peer standing in FFIEC UBPR Peer Group 6 — Insured commercial banks having assets between $100 million and $300 million
FDICNONII
Provision
$0
Percentile by value6th percentileby value
Peer standing in FFIEC UBPR Peer Group 6 — Insured commercial banks having assets between $100 million and $300 million
FDICELNATR
Pretax income
$1.19M
+15.0%y/y
Peer standing87th percentile
Peer standing in FFIEC UBPR Peer Group 6 — Insured commercial banks having assets between $100 million and $300 million
FDICPTAXNETINC
Net income
$895K
−8.1%y/y
Peer standing79th percentile
Peer standing in FFIEC UBPR Peer Group 6 — Insured commercial banks having assets between $100 million and $300 million
FDICNETINC